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Compound
Compound is a decentralized finance (DeFi) protocol that allows users to lend or borrow cryptocurrencies.
Distributed
Description
Compound operates as a protocol on the Ethereum blockchain that enables users to lend and borrow popular cryptocurrencies without going through a traditional financial intermediary. It utilizes smart contracts to manage assets and interests, providing a transparent and efficient way for users to earn interest on their crypto holdings or take out loans.Grant Funding
VC Funding
OP
2019
$139K
$25M